Creating a successful meme coin involves a combination of fun branding, community engagement, and sound tokenomics. Here are some best practices for tokenomics in the context of a meme coin:
1. **Total Supply**: Determine a total supply that feels large but still gives the illusion of scarcity. Commonly, meme coins have supplies in the millions or trillions (e.g., Dogecoin has a capped supply, while Shiba Inu has a large supply).
2.